.
MergerLinks Header Logo

New Deal


Announced

AgroFresh Solutions completed the acquisition of Pace International from Valent BioSciences.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Domestic

Completed

United States

Specialty Chemicals

agriculture chemicals

Acquisition

Majority

Private

Disposal

Friendly

Single Bidder

Synopsis

Edit

AgroFresh Solutions, a post-harvest solutions provider, completed the acquisition of Pace International, a chemical manufacturer, from Valent BioSciences, a biotechnology company. Financial terms were not disclosed. “This acquisition enables us to take another important step towards our vision— to be regarded by customers as the post-harvest partner of choice. We are excited to bring the combined portfolios, technical expertise, and services of both companies to customers. Bringing together our two companies allows us to better address the complete needs of customers across a broad array of crops, markets and at every step in the fresh supply chain, ultimately helping customers produce and deliver an abundant supply of quality fresh produce, sustainably," Clint Lewis, AgroFresh CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US